CTL Strategies ranked in Chambers Global Guide 2024
CTL Strategies has been ranked in the Chambers Global Guide 2024, published by Chambers and Partners.
The new edition of the Global Guide highlighted CTL for its considerable market respect in tax matters, and demonstrating strength in litigation and corporate services. Among responses received from interviewees, Chamber and Partners quoted that the firm is “able to handle complex matters and provide unbiased legal advice.”
Chambers and Partners is an independent research firm that operates in 200 jurisdictions and is commonly referred to as the “gold standard” in the legal profession. Chambers and Partners publishes rankings and information on the world’s top lawyers and law firms. In-depth interviews with lawyers, in-house counsel for clients, and independent experts were used to compile the rankings.
Policy on set-off of outstanding dues to MIRA against receivables from Government
On 1 November 2026, MIRA published the Policy on set-off of outstanding dues to MIRA against receivables from Government (the “Policy”).
Under the new Policy, if taxpayers wish to set off their receivables from a Government institution against their tax liabilities or other dues payable to MIRA, they must submit a request using the MIRA 904 form (either through the MIRA Connect portal or MIRA website) or via email. Together with the request, taxpayers are required to submit details of the specific receivables they wish to set off.
Before processing the request, MIRA will independently verify the accuracy of these receivables with the Ministry of Finance and Public Enterprises.
When applying the set-off against outstanding tax liabilities, MIRA will prioritise the principal first, then fines, and then interest amounts. That said, if there are no outstanding principal amounts, the set-off may be applied against tax liabilities for which the payment deadline has not yet passed.
Most importantly the Policy specifies that the t set-off will be adjusted only when the relevant Government institution remits the amount to MIRA and the date of remittance will be considered as the payment settlement date.
Effective Date
The Policy became effective on 1 November 2026.
MIRA Launches the Maldives Guest Information System for Green Tax Administration
On 1 October 2026, the Maldives Inland Revenue Authority (MIRA) officially launched the Maldives Guest Information System (“MGIS”). The MGIS serves as a centralized digital platform for collecting, validating and maintaining guest stay information across tourist establishments for Green Tax administration. Under the system, a trip record is created when a tourist clears immigration, against which each establishment records the tourist’s check-in and check-out details. The trip record is subsequently closed upon the tourist’s departure from the Maldives. Guest stay information is intended to be captured on a real-time basis, with the data maintained in MGIS used to prefill Green Tax returns in MIRAconnect. This will replace the existing process of manually uploading Green Tax Information Sheets through MIRAconnect when filing Green Tax returns.
Implementation Timeline
MIRA has established a phased implementation schedule, grouping tourist establishments into two batches based on their room capacity, as follows:
Cut-off date for data upload: 15 December 2026
Cut-off date for data upload: 15 February 2027
Reporting Channels
Guest stay data may be submitted to the MGIS through three primary routes, depending on the implementation stage, operating model and technical readiness of the establishment:
Following mandatory implementation, CSV bulk upload will no longer be available, and establishments must report through either direct portal entry or PMS/API integration. In practice, PMS/API integration is expected to be the preferred approach for establishments with existing property management systems, while smaller establishments may find direct portal entry more practical. However, either method may be adopted depending on operational needs and technical capabilities.
Key Operations Rules and Internal Controls
Taxpayers are advised to take note of the following operational requirements:
MIRA provides an initial Primary User account to each registered entity, which can create up to five Operational Users. Additionally, the MGIS test environment/sandbox is expected to be made available for taxpayers and software vendors to test the workflow prior to integration.
For additional information and technical workflow instructions for MGIS, you may refer to the detailed MGIS Guide published by MIRA.